Douglas S. Skalka Moderates “The Closely Held Business in Financial Trouble” at ABI Northeast Conference 2017

July 13, 2017

NEW HAVEN, Connecticut (July 13, 2017) – Douglas S. Skalka, principal with the law firm of Neubert, Pepe & Monteith, P.C., will moderate the panel session “The Closely Held Business in Financial Trouble: Unraveling Conflicts Within the “Family”” at the American Bankruptcy Institute 24th Annual Northeast Conference. Mr. Skalka is joined by Christine E. Devine, Jason L. Mills and Hon. Brian K. Tester.

The panel session will discuss the unique issues facing professionals (lawyers, accountants, financial advisors, etc.) who represent a closely held business (not a publicly held corporation) that is often family owned or owned by a small group of individuals, and is in financial distress. Issues involve potential conflicts between owners, officers and the business, and other issues related to the lack of controls or documentation that are required in a public corporation. Other issues may be similar to what can be found in a public corporation but the business lacks the resources to address them.

Mr. Skalka specializes in bankruptcy, commercial finance, business reorganization and asset-based lending transactions. He holds a certification as a Business Bankruptcy Law Specialist from the American Board of Certification. Mr. Skalka achieved this certification in 1995 and has been recertified each subsequent review, and is one of only eight attorneys in Connecticut who hold this certification.

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